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STATEMENTS OF CONSOLIDATED CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Apr. 30, 2023
May 01, 2022
Cash Flows from Operating Activities    
Net income $ 4,815 $ 3,001
Adjustments to reconcile net income to net cash used for operating activities:    
Provision (credit) for credit losses (89) 45
Provision for depreciation and amortization 995 933
Impairments and other adjustments 173  
Impairments and other adjustments   77
Share-based compensation expense 54 44
Gain on remeasurement of previously held equity investment   (326)
Provision (credit) for deferred income taxes (377) 37
Changes in assets and liabilities:    
Receivables related to sales (4,407) (1,535)
Inventories (982) (2,265)
Accounts payable and accrued expenses (313) (443)
Accrued income taxes payable/receivable (96) (139)
Retirement benefits (68) (1,020)
Other 148 (171)
Net cash used for operating activities (147) (1,762)
Cash Flows from Investing Activities    
Collections of receivables (excluding receivables related to sales) 12,593 11,190
Proceeds from sales of equipment on operating leases 993 1,035
Proceeds from sales of businesses and unconsolidated affiliates, net of cash sold 36  
Cost of receivables acquired (excluding receivables related to sales) (13,451) (11,971)
Acquisitions of businesses, net of cash acquired (41) (473)
Purchases of property and equipment (584) (346)
Cost of equipment on operating leases acquired (1,229) (1,004)
Collateral on derivatives - net 367 (248)
Other (178) (71)
Net cash used for investing activities (1,494) (1,888)
Cash Flows from Financing Activities    
Increase in total short-term borrowings 3,992 812
Proceeds from long-term borrowings 4,868 4,298
Payments of long-term borrowings (3,567) (3,625)
Proceeds from issuance of common stock 30 50
Repurchases of common stock (2,546) (1,226)
Dividends paid (697) (649)
Other (63) (46)
Net cash provided by (used for) financing activities 2,017 (386)
Effect of Exchange Rate Changes on Cash, Cash Equivalents, and Restricted Cash 70 (110)
Net Increase (Decrease) in Cash, Cash Equivalents, and Restricted Cash 446 (4,146)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 4,941 8,125
Cash, Cash Equivalents, and Restricted Cash at End of Period 5,387 3,979
Components of Cash, Cash Equivalents, and Restricted Cash    
Cash and cash equivalents 5,267 3,878
Restricted cash (Other assets) $ 120 $ 101
Balance sheet location of restricted cash Other assets Other assets
Total Cash, Cash Equivalents, and Restricted Cash $ 5,387 $ 3,979